Sensex to be cautious at start...

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Sensex to be cautious at start...

Post  RaahiShah on Mon Jul 16, 2012 3:24 pm

Sensex to be cautious at start...Inflation, earnings in focus.The period after the presidential polls is likely to be an important one amid growing expectations on the reforms front.

Indian stock indices appeared to have crossed its limit in the near term after snapping a five-week winning streak last week. Meanwhile, US President Barack Obama says there appears to be a growing consensus in India that the time may be right for another wave of economic reforms to make India more competitive in the global economy.

In terms of data, the Government will release wholesale (WPI) inflation today and retail (CPI) inflation later this week.

Main Results Today: Castrol India, Exide, Reliance Industrial Infrastructure, South Indian Bank, Supreme Infra and Tata Coffee.

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